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Ask YC: Startup crisis. Out of money and tech co-founder has bailed.

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161–170 of 241 posts

Re: Ask YC: Startup crisis. Out of money and tech co-founder has bailed.

#161
You should get rid of the "Django girl" and go back to work so you can fund the start-up yourself. You should also learn Django.

On that note, I wouldn't mind doing some part-time Django work this summer. I come a lot cheaper than this girl and frankly it sounds like I'm a lot better. (purdue.edu walshmj)

Good luck.

Re: Ask YC: Startup crisis. Out of money and tech co-founder has bailed.

#162
First, I feel bad for you. I wish you the best.

What would I do?

1.- Evaluate the quality of the product you have so far. I am sure there are people here that can help you with that.

2.- Try to get back the 35% from her. I think is the least she can do.

3.- Find a good technical co-founder. If you have a good idea and a good product somebody may be interested. Offer them a plan where they can get equity with time. e.g. 20% after 6 months, 45% after one year of work. To find the co-founder you need the help from somebody you trust that can help you evaluate how good is your co-founder. You have already shown that you are committed to your idea.

Good Luck!

Re: Ask YC: Startup crisis. Out of money and tech co-founder has bailed.

#163
post #146

Hopefully you have something in writing that protects your IP rights as well, or she may be able to run off with the code. Conversely, if you've signed away ownership though, you may need to buy her shares out to retain 100% ownership. Short of learning to code, which would be a good idea either way, you could try something like elance.com to find a qualified developer to get it to beta. That could even produce a par…

[deleted]

Re: Ask YC: Startup crisis. Out of money and tech co-founder has bailed.

#164

Earlier quoted context omitted.

"Girl" doesn't imply age any more than "dude" does, but it does imply a bit of disrespect over, say, "this Django coder", in exactly the same way that "this Django dude" would.

In the great tradition of Dear Abbey, I reserve the right to show a tiny bit of disrespect when told a tale of exploitation like the one the OP shared.

I wasn't criticizing; just defending the use of the word against accusations of misogyny, which appeared to be forthcoming. :)

Re: Ask YC: Startup crisis. Out of money and tech co-founder has bailed.

#166
Sorry for this bad situation. What I would do in your situation is to try to pre-sell this solution to potential customers (hospitals, healthcare companies, etc... You definitely have a leverage there as a nurse). Once you get a few commitments (and that will take a lot of "nos" and paper prototyping back-and-forth), then it will be much easier to recruit someone to develop the app for equity-only, or you might even be able to get an hospital to pay for it.

There's a great book called "Bootstrapping" by Greg Gianforte, that outlines this process of pre-selling without a product. I highly recommend you to at least take a look at the first chapters.

Re: Ask YC: Startup crisis. Out of money and tech co-founder has bailed.

#167
post #43

What is the feedback you need to respond to? How much different is what the app needs to be from what you have. Examples will help us understand better.

the non intuitive nature of some of the UI features.

Instructional copy is written, but not implemented.

Lack of help - again written, but not implemented.

Lack of privacy settings.

Inability to search.

Re: Ask YC: Startup crisis. Out of money and tech co-founder has bailed.

#168
post #159

Not a lot of people are talking about the very serious problem of your developer now owning 35% stake in your business. Even if you manage to pull all of this stuff together by yourself, you're still screwed. You cannot raise more money as long as there's a "ghost" shareholder...if you do it without telling the investors about it you're liable to get sued, and if you tell them about it, they'll do the math and figure…

29% can be reclaimed in a straightforward manner.

Then I would think that would be your first priority. You're SOL as long as more than a third of your company is dead weight.

Re: Ask YC: Startup crisis. Out of money and tech co-founder has bailed.

#169
post #98

So what exactly do you do on a daily basis that effectively prevents you from "getting a real job" ? To put it bluntly - I can't really think of what a non-tech person can be doing full-time for 12 months while waiting for the beta to be done.

Well, from what we have been told so far, this is a medical startup. Which means that there's a good deal of regulations and rules that someone has to learn how the company should handle. Since they took investment money, that means that there are investors to cope with. Also, there's that inconvenient issue of working with potential users to learn what they need. Again, because this is related to the medical field,…

From what I gather it's a social networking site for people with certain medical condition(s). I might be wrong but this is hardly a "medical startup" and thus it's not likely to require extensive certification/compliance paperwork (if any at all). Besides this paperwork would've needed to be handled by the lawyers.

I can see the logic in your UI comment, but again - 12 months ? That's enough to design and polish the UI of a Boeing cockpit :)

Re: Ask YC: Startup crisis. Out of money and tech co-founder has bailed.

#170

Earlier quoted context omitted.

Ok, start here: do you know the developer's age?

Age doesn't have much to do with gender. If she was male I would have called her "The Django Guy". There's not a great corresponding female version of guy - chick sounds chauvinist, lady sounds to formal (think of how "The Django Gentleman" would sound). "The Django Woman" doesn't work either. What would you have said? More choices from Encarta Thesaurus: lass, miss, young woman, mademoiselle, daughter, lassie, madem…

???

What about "gal"?

I guess Encarta isn't very knowledgeable about the American West.

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